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The cryptocurrency market is known for its extreme volatility, where the thrill of highs is often matched by the lows of sudden dips. #MarketDownturn
Several factors can lead to these market dips:
Profit-taking
External events
Market sentiment
Investors with a long-term horizon may find market dips particularly advantageous. They can acquire more assets at lower prices.
Why buy during a dip?
Market dips are not without risks, but they can present unique opportunities for investors. Notably, they allow buying into cryptocurrencies at a discount, potentially leading to greater returns if and when the market rebounds.
Remember when Bitcoin dipped to about 3700 EUR in early 2020? As global markets faced uncertainty due to the pandemic, Bitcoinâs price dropped significantly. An informed investor who recognized the potential for recovery, purchased Bitcoin at this lowered price. By the end of the following year, as Bitcoin reached almost 60,000 EUR, this investment saw substantial growth.
While buying during market dips can offer these advantages, investors need to conduct research and consider their own risk tolerance and investment goals.
Several factors can lead to these market dips:
Profit-taking
External events
Market sentiment
Investors with a long-term horizon may find market dips particularly advantageous. They can acquire more assets at lower prices.
Why buy during a dip?
Market dips are not without risks, but they can present unique opportunities for investors. Notably, they allow buying into cryptocurrencies at a discount, potentially leading to greater returns if and when the market rebounds.
Remember when Bitcoin dipped to about 3700 EUR in early 2020? As global markets faced uncertainty due to the pandemic, Bitcoinâs price dropped significantly. An informed investor who recognized the potential for recovery, purchased Bitcoin at this lowered price. By the end of the following year, as Bitcoin reached almost 60,000 EUR, this investment saw substantial growth.
While buying during market dips can offer these advantages, investors need to conduct research and consider their own risk tolerance and investment goals.
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Investing in bitcoin and Bitcoin ETFs presents different opportunities and challenges. Below are the pros and cons of each, allowing you to make an informed decision based on your investment goals and risk tolerance.
Buying Bitcoin Directly
Pros:
24/7/365 Days a Year Access: This around-the-clock availability ensures you can buy and sell bitcoin instantly during market changes any day of the year, maximizing opportunities for profit and risk of loss over your investments.
Complete Ownership: Direct investment means you own the actual bitcoin, giving you full control over your investment.
No Intermediary: Direct purchase eliminates the need for a fund manager or intermediary.
Cons:
Market Volatility: Bitcoinâs prices can be volatile.
Custody: Self-custody can create issues. Platforms like iTrustCapital offer a solution by providing institutional-level custody management. This approach mitigates the complexities and risks associated with self-custody.
Investing in a Bitcoin ETF
Pros:
Mass Adoption: Investing through an ETF broadens bitcoin adoption and in general makes it more mainstream.
Regulated Environment: ETFs are subject to regulatory oversight.
Custody: Investors don't have to deal with custody as they do not actually own the BTC, but instead own a share in the ETF.
Cons:
Market Hour Limitations: Trading ETFs is restricted to market hours. Unlike bitcoin, which can be traded 24/7 - 365 days of the year. This gives you 80% more access opportunity than trading within the NYSE trading hours and holidays. Trading is limited to 251 days of the year and within a 6.5 hour window.
Management Fees: Investing in Bitcoin ETFs may incur higher fees compared to direct Bitcoin purchases. Specifically, the management fees for the 11 approved Bitcoin ETFs vary, ranging from 0.20% to 1.5% annually. This is in addition to any transaction fees that may apply. In contrast, holding bitcoin directly on platforms such as iTrustCapital doesn't involve any management fees.
Lack of Direct Ownership: Investors in Bitcoin ETFs don't own the actual bitcoin. #ETFvsBTC
Buying Bitcoin Directly
Pros:
24/7/365 Days a Year Access: This around-the-clock availability ensures you can buy and sell bitcoin instantly during market changes any day of the year, maximizing opportunities for profit and risk of loss over your investments.
Complete Ownership: Direct investment means you own the actual bitcoin, giving you full control over your investment.
No Intermediary: Direct purchase eliminates the need for a fund manager or intermediary.
Cons:
Market Volatility: Bitcoinâs prices can be volatile.
Custody: Self-custody can create issues. Platforms like iTrustCapital offer a solution by providing institutional-level custody management. This approach mitigates the complexities and risks associated with self-custody.
Investing in a Bitcoin ETF
Pros:
Mass Adoption: Investing through an ETF broadens bitcoin adoption and in general makes it more mainstream.
Regulated Environment: ETFs are subject to regulatory oversight.
Custody: Investors don't have to deal with custody as they do not actually own the BTC, but instead own a share in the ETF.
Cons:
Market Hour Limitations: Trading ETFs is restricted to market hours. Unlike bitcoin, which can be traded 24/7 - 365 days of the year. This gives you 80% more access opportunity than trading within the NYSE trading hours and holidays. Trading is limited to 251 days of the year and within a 6.5 hour window.
Management Fees: Investing in Bitcoin ETFs may incur higher fees compared to direct Bitcoin purchases. Specifically, the management fees for the 11 approved Bitcoin ETFs vary, ranging from 0.20% to 1.5% annually. This is in addition to any transaction fees that may apply. In contrast, holding bitcoin directly on platforms such as iTrustCapital doesn't involve any management fees.
Lack of Direct Ownership: Investors in Bitcoin ETFs don't own the actual bitcoin. #ETFvsBTC
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